Oracle Fusion Project Portfolio Management 2014 Essentials: 1z0-498 Exam

"Oracle Fusion Project Portfolio Management 2014 Essentials", also known as 1z0-498 exam, is a Oracle Certification. With the complete collection of questions and answers, Pass4sureCert has assembled to take you through 79 Q&As to your 1z0-498 Exam preparation. In the 1z0-498 exam resources, you will cover every field and category in 11g Certification helping to ready you for your successful Oracle Certification.

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  • Updated on: Aug 22, 2026
  • No. of Questions: 79 Questions & Answers

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Oracle 1z0-498 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Execution and Control- Project monitoring and control
  • 1. Progress tracking and reporting
    • 2. Issue and change management overview
      Topic 2: Reporting and Analytics- Project reporting tools
      • 1. Dashboard and KPI concepts
        • 2. Standard financial and project reports
          Topic 3: Project Portfolio Management Fundamentals- Overview of Oracle Fusion Project Portfolio Management
          • 1. Key concepts and terminology
            • 2. Business flow and solution architecture
              - Project Lifecycle Management
              • 1. Project planning and execution overview
                • 2. Project creation and definition
                  Topic 4: Project Costing and Financial Management- Billing and revenue management
                  • 1. Revenue recognition basics
                    • 2. Invoice generation concepts
                      - Costing setup and configuration
                      • 1. Cost organizations and expenditure types
                        • 2. Cost collection and distribution rules
                          Topic 5: Project Resource Management- Resource pools and staffing
                          • 1. Role-based staffing concepts
                            • 2. Resource assignment process

                              Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

                              1. Identify two predefined calendar types that can be utilized to create Period Profiles.

                              A) accounting calendar
                              B) weekly calendar
                              C) project accounting calendar
                              D) monthly calendar


                              2. You define Assets for your project and assign them to the project or task level. What should be the value of the project asset type to generate the asset line?

                              A) built
                              B) estimated
                              C) generate
                              D) regenerate
                              E) as built


                              3. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

                              A) Invoicehas no adjustment or crediting Invoices applied to it.
                              B) Invoice has no payments.
                              C) Credit memo is created.
                              D) Invoice is released.


                              4. Identify two key business value propositions of Fusion Project Portfolio Management.

                              A) reducedcommunicationand collaboration by creating a community forthe project team
                              B) enhanced user productivity and reduced supportcosts
                              C) improveddecision-making by answering keybusiness questions while users enter transactions
                              D) elimination ofexception-based management


                              5. Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

                              A) Project Currency
                              B) Contract Currency
                              C) Reporting Currency
                              D) Project Ledger Currency


                              Solutions:

                              Question # 1
                              Answer: B,D
                              Question # 2
                              Answer: C
                              Question # 3
                              Answer: C
                              Question # 4
                              Answer: C,D
                              Question # 5
                              Answer: C,D

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